Tag: Social Security Advisory Board

Photo of the White House

I was recently forwarded an article “Senate Urged to Block Biden’s Pro-Privatization Nominee from Social Security Board.” One critic cited in the article characterized it as a “terrible nomination.” Who, you may ask, is this nominee? And what is the Social Security board?  Let’s start with the board in question.  The Social Security Advisory Board is a…

Social Security Card: Senior woman holding card in hand on white background

Panel’s specific recommendations would raise costs by 0.7 percent of payroll. Every four years the Social Security Advisory Board – a bipartisan government board that advises Congress and the President on challenges facing the Social Security program – appoints a Technical Panel to assess the reasonableness of the methods and assumptions underlying the Trustees’ long-term cost projections. …